RICE

rice.rocks ↗ ·Barcelona ·Seed

RICE is an Asian food delivery platform that lets users order from 500+ hand-picked Asian restaurants (Sichuan, Cantonese, Japanese, Korean, Vietnamese) in Barcelona and Madrid, via its iOS/Android app or a WhatsApp ordering chatbot called Ona; it also runs RICE for Business for corporate catering. The company says it started in 2017 and has delivered over 1 million meals; it is the European arm of the Asian-food delivery brand previously known as RICEPO (founded in New York in 2013, US business acquired by Weee! in 2021), and today operates as RICE, S.L. domiciled in Andorra with EU entity RICE Commerce Spain, S.L. in Barcelona.

Founded

2017

Founders

Total funds raised

—

Rounds

Investors

SectorsFood delivery, Foodtech, Marketplace, Consumer app, Logistics Start-up MapMarketplace & E-commerce › Marketplace & social commerce platforms

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Founders

Michael Lin

Co-Founder & CEO

Global models 4

Weee!

United States · www.sayweee.com ↗

An Asian-focused food delivery platform that bought RICEPO's US business in 2021 and still runs Asian restaurant delivery next to its grocery app, which is the same cuisine-focused marketplace model as RICE.

$860MComparable

HungryPanda

United Kingdom · www.hungrypanda.co ↗

A food delivery marketplace for Asian restaurants in cities in Europe, North America and Oceania that takes commission on orders from diners, which is RICE's model on a larger scale.

$273MComparable

Chowbus

United States · www.chowbus.com ↗

Started as a delivery app for hand-picked Asian restaurants in US cities, earning commission from them, before moving into restaurant software and selling its delivery business to Fantuan.

$107MComparable

Fantuan

Canada · www.fantuan.ca ↗

An Asian-cuisine food delivery marketplace in North American cities that earns commission and delivery fees on restaurant orders, the same model RICE runs in Barcelona and Madrid.

$87MComparable